ATUL AUTO LTD.-$ - 531795 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Kishanlal Kedia & Others ATUL AUTO LTD.-$ - 531795 - Revised Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jayantibhai Jagjivanbhai Chandra & PACs ATUL AUTO LTD.-$ - 531795 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jayantibhai Jagjivanbhai Chandra ATUL AUTO LTD.-$ - 531795 - Announcement under Regulation 30 (LODR)-Conversion of Securities
With reference to the above subject and in furtherance to our letters dated October 08, 2022, we hereby inform the stock exchanges that the Securities Allotment Committee of Board of Directors of Atul Auto Limited at its meeting held today i.e. Wednesday, March 15, 2023 inter-alia issued and alloted 19,36,027 equity shares of face value of Rs.5/- each fully paid-up, at an issue price of Rs.198/- each including a premium of Rs.193/- per share aggregating to Rs.38,33,33,346/- to the allottees as listed below which also includes promoter (including member of promoter group), pursuant to the exercise of conversion of 19,36,027 convertible warrants out of the total 58,08,080 warrants held by warrant holders. ATUL AUTO LTD.-$ - 531795 - Disclosure U/R 30 In Respect Of Corporate Guarantee To Subsidiary Company
With reference to the above subject, we hereby inform the stock exchange that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Monday, March 06, 2023 inter-alia decided and approved the corporate guarantee of Rs.11 Crore to Yes Bank in respect of credit facilities granted by the Bank to Atul Greentech Private Limited (AGPL), subsidiary of the Company. Further, the Board of Directors also approved to obtain shareholder approval through postal ballot to the material related party transactions to provide/ extend guarantee by the Company to the lending banks/ financial institutions of AGPL in respect of loans/ credit facilities to be granted to AGPL on such terms and conditions as the Board may deem fit, up to a maximum aggregate amount which shall not exceed Rs.125 Crore at any point of time during the period of five years w.e.f. FY 2023-24. ATUL AUTO LTD.-$ - 531795 - Announcement under Regulation 30 (LODR)-Monthly Business Updates
With reference to the above subject, kindly find hereunder the vehicle sales performance figures of the Company for the month of February 2023. (in no. of vehicles) Particulars 2022-23 2021-22 Change Sales for the month of February 2,125 1,365 55.68% Total sales from April to February (YTD) 22,395 14,591 53.49% ATUL AUTO LTD.-$ - 531795 - Announcement under Regulation 30 (LODR)-Newspaper Publication
With respect to above subject, this is to inform the stock exchanges that pursuant to Regulation 30, 33 and 47 read with Part A(12) of Schedule III of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 and in continuation to our letter dated February 04, 2023 with regard to outcome of board meeting held on February 04, 2023, please find enclosed a copy of relevant page of the newspaper The Financial Express (English and Gujarati Edition) in which the extract of unaudited financial results for the quarter and nine months ended on December 31, 2022 were published for the information of members.
Buy Atul Auto; target of Rs 385: Emkay Global Financial
Emkay Global Financial is bullish on Atul Auto has recommended buy rating on the stock with a target price of Rs 385 in its research report dated February 05, 2023. ATUL AUTO LTD.-$ - 531795 - STATEMENT OF DEVIATION OR VARIATION IN THE USE OF PROCEEDS OF PREFERENTIAL ISSUE OF FULLY CONVERTIBLE WARRANTS FOR THE QUARTER ENDED ON DECEMBER 31, 2022
With reference to the above subject and Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we hereby confirm that there is no deviation or variation in the use of proceeds from the preferential issue of 58,08,080 fully convertible warrants, from the objects as stated in the Explanatory Statement to the Notice of the Extraordinary General Meeting held on November 05, 2022. A statement confirming that there is no deviation or variation in the utilisation of these proceeds, duly reviewed and approved by the Audit Committee at its meeting held today i.e. Saturday February 04, 2023 is enclosed. ATUL AUTO LTD.-$ - 531795 - Board Meeting Outcome for Outcome Of Board Meeting And Financial Results
With reference to the above subject, we would like to inform you that the Board of Directors of Atul Auto Limited at its meeting held today i.e. Saturday, February 04, 2023 inter-alia considered and approved Standalone and Consolidated Unaudited Financial Results for the quarter and nine months ended on December 31, 2022. In this respect, we are attaching herewith following documents: 1. Standalone and Consolidated Unaudited Financial Results for the quarter and nine months ended on December 31, 2022. 2. Limited Review Reports of the Statutory Auditors of the Company i.e. M/s. Maharishi & Co. on the above Results. The meeting of Board of Directors Commenced at 15:45 IST and ended at 17:11 IST.